Readlyn Savings Bank: how it compares with its peers
Against 103 IA banks with half to twice its assets, Readlyn Savings Bank's strongest measure in Q2 2026 is assets per employee ($13.5M vs. a $8.5M peer median). Its weakest relative measure is net interest margin (3.26% vs. 3.64%).
| Measure | Readlyn Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.77% | 1.31% | Top third Ahead of 83% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.26% | 3.64% | Bottom third Ahead of 31% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 42.53% | 57.36% | Top third Ahead of 90% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $13.5M | $8.5M | Top third Ahead of 93% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.90% | 76.93% | Context |
What it means for lending operations
Its efficiency ratio of 42.53% is better than the 57.36% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Farmers Trust & Savings Bank Earling, IA · $148M
- Farmers State Bank Algona, IA · $150M
- Exchange State Bank Ames, IA · $146M
- Citizens Savings Bank Spillville, IA · $151M
- Bank Plus Estherville, IA · $145M
- First State Bank Belmond, IA · $142M
Questions about Readlyn Savings Bank
How big is Readlyn Savings Bank?
Readlyn Savings Bank, established in 1904, is headquartered in Readlyn, IA. It reported $148M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Readlyn Savings Bank's return on assets?
1.77% annualized in Q2 2026, against a 1.31% median for 103 IA banks with half to twice its assets, ahead of 83% of them.
What is Readlyn Savings Bank's efficiency ratio?
42.53% in Q2 2026: it spent about 43 cents in noninterest expense for each dollar of revenue. The peer median is 57.36%, and lower is better.
Is Readlyn Savings Bank growing its loans?
Net loans shrank 8.2% over the year to Q2 2026, while deposits grew 3.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are IA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Iowa bank ranked.